Signs of more ‘power’ for electric vehicles through next budget

April, 29, 2014

The government is considering providing more concessions to the import of fully electrically operated vehicles with a view to drastically reducing fuel imports to Sri Lanka, says the Sri Lanka Vehicle Importers’ Association.

The Association’s secretary Keerthi Gunawardene told AdaderanaBiz that they have high expectations that this step would be taken following their recent request to the Finance Ministry to popularize electrically operated vehicles in Sri Lanka.

Recently, the Sri Lanka Vehicle Importers’ Association took a decision to popularize fully electrically operated vehicles in Sri Lanka and sought approval from the Finance Ministry.

The Association also requested that the opportunity to install the necessary equipment to charge the batteries of such vehicles be provided through 50 Ceypetco fuel stations island-wide.

“We can get these equipment from institutions in Japan. We requested the government to provide us with tax concessions for their import and install them at Ceypetco filling stations,” said Sri Lanka Vehicle Importers’ Association secretary Keerthi Gunawardene while expressing his views to AdaderanaBiz.

Currently, hybrid vehicles are fast gaining popularity in Sri Lanka.